Today in Distress – Parallel Energy Files for Bankruptcy, Arch Coal in Discussion with Creditors, Dex Media Enters into Forbearance Agreement

Court Docket (Bankr. D. Del.): Declaration of Chief Financial Officer of Parallel Energy GP LLC. general partner of Parallel Energy LP, in Support of the LP’s Bankruptcy Filing

Wall Street Journal: Arch Coal in Discussions With Creditors

SEC Filing: Dex Media, Inc. Entered into a Forbearance Agreement with Lenders

Bloomberg: China’s Trade Drop Means More Stimulus Measures Are Coming

Robin Report: Retailers’ Overstuffed Holidays

Los Angeles Times: Looming deficits could push L.A. Unified into bankruptcy, panel says

Miami Herald: Manager: Opa-locka’s debts may grow further

Reuters: Tantalus Rare Earths enters preliminary insolvency

Bloomberg: Jos. A. Bank Sales Plunge, Sending Men’s Wearhouse Into Tailspin

NY Times Dealbook: The End of Chapter 11 Bankruptcy Protection: Stephen Lubben

Reed Smith: New York Law Governed Bonds are Sufficient “Property” for U.S. Bankruptcy Court Jurisdiction

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